
Cheap Homes for Rent in Colonial Place Neighborhood of Norfolk, VA from $700 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Colonial Place area of Norfolk.


307 W 32nd St

316 W 31st St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

242 W 28th St

1063 W 48th St

1063 W 48th St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

1063 W 48th St
Colonial Place, Norfolk, VA Local Guide

How much does it cost to rent a home in Colonial Place?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Colonial Place 2 Bedroom Homes for Rent | $1,647 | $1,100 | $1,900 |
| Colonial Place 3 Bedroom Homes for Rent | $2,139 | $1,550 | $2,800 |
| Colonial Place 4 Bedroom Homes for Rent | $2,192 | $900 | $3,695 |
| Colonial Place 5 Bedroom Homes for Rent | $2,395 | $2,395 | $2,395 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 1 mile radius of the Colonial Place Neighborhood of Norfolk, VA.
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Cheapest Available Colonial Place Apartments for Rent
 The cheapest available apartment rental in the Colonial Place area of Norfolk, VA is a 1 Bed unit found at The Lafayette Apartments priced from $1,449. Buckingham Place has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,500. Here are the most affordable Colonial Place apartments for rent in Norfolk, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Lafayette Apartments | The Chelsea | 1BR,1BA | $1,449 |
| Buckingham Place | 2 Bedroom Townhome | 2BR,1BA | $1,500 |
| The Point on 38th Apartments | The Clove | 1BR,1BA | $1,546 |
Best Value Apartments for Rent in Colonial Place, VA
As of January 05, 2026 the best value apartment in the Colonial Place area is the $1.25 price per square foot 2 Bedroom Townhome Model at Buckingham Place in the in the Edgewater neighborhood starting from $1,500. The second greatest value Colonial Place apartment is the The James Model at Covepointe at the Landings starting at $2,009 with a $1.73 price per square foot in the Edgewater neighborhood. Here is today’s list of the best values for Colonial Place apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Buckingham Place | 2 Bedroom Townhome | 2BR,1.5BA | $1.25 |
| Covepointe at the Landings | The James | 1BR,1BA | $1.73 |
| The Lafayette Apartments | The Chelsea | 1BR,1BA | $1.53 |
| 871 W 37th St, Unit 1 | 871 W 37th St | 2BR,1BA | $1.29 |
| 1007 W 36th St, Unit 4 | 1007 W 36th St | 2BR,1BA | $1.31 |
| 308 31st W St, Unit F | 308 31st W St | 2BR,1BA | $1.63 |
| 3837 Beach Ave, Unit # 4 | 3837 Beach Ave | 1BR,1BA | $1.26 |
| The Point on 38th Apartments | The Anchor | 1BR,1BA | $2.66 |
Frequently Asked Questions about Colonial Place
What type of rentals are currently available in Colonial Place?
There are currently 86 Apartments for Rent in Colonial Place, VA with pricing that ranges from $850 to $3,777. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Colonial Place ranging from $750 to $3,695.
What is the current price range for Rental Homes in Colonial Place?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Colonial Place ranges from $750 to $3,695 with an average monthly rent of $1,889.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

The Best Affordable Neighborhoods for Renters in Norfolk, VA: Great Price Meets Quality of Life
Written by: James W. Vickers
Norfolk, Virginia, experienced a surprising population decline to 238,005 residents in the 2020 census, considering its low cost of living and high quality of life index. Renting an apartment falls well below the national average.

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.